Though, the only part of this that hasn’t happened is the “completely legal” aspect. Prices on
new all releases have dropped substantially as a result, but are we actually much less neophilic than we used to be?
(Might have to split this by type of cultural product as well. Saw some discussion on Twitter the other week re: how when Alien or Blade Runner came out, you would probably have gone to see the movie once, and your fandom thereafter would be completely based off the memory of this single viewing. You wouldn’t be watching tapes/DVDs/Blu-Rays of old movies regularly, but you also wouldn’t be watching something new you really liked multiple times, as many people I know do. This doesn’t apply the same way to music or books, though.)